For the following questions answer them individually
An engineer working in a big city in India wishes to send some money to his/her parents in a small village. How can a bank help him/her ? (Both of them have accounts in the branches of the same bank.)
A. By issuing a Demand Draft.
B. By opening a letter of credit hi the name of his/her parents.
C: Through E-transler of money
People normally go to a bank for withdrawal or/and depositing their money. In addition to that banks provide many other services these days.. Which of the following is/are such new services ?
A. Sale of insurance policies.
B. Loans for higher studies for children.
C. Acceptance of bills for Telephone/Electric supply services on behalf of such organizations.